Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-19-Speech-4-628-500"
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"en.20120419.24.4-628-500"2
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"At the end of 2011, the procedure for drawing up the 2012 budget was marked by deep rifts between Parliament and the Council concerning the financing of ITER, the thermonuclear fusion research project based at Cadarache in the Bouches-du-Rhône. EUR 750 million of cost overruns compared with the initial estimates had to be found for 2012 and only EUR 100 million had been agreed by the end of 2011. A compromise therefore had to be found for the remaining EUR 650 million. After long negotiations with the Council, Parliament succeeded in getting this money released by increasing the financial ceiling of the budget heading concerned, while the Council initially envisaged financing solely through the redeployment of funds from the Seventh Framework Programme for Research and Development. The additional financing needed for the ITER project in 2012 will therefore be available without the other research programmes being compromised. Along with all the Members of the European Parliament, I will nonetheless remain vigilant as to the sources of financing that will be mobilised in 2013 to cover the overrun that has already been announced. It is our duty to ensure that the ITER project will not be financed to the detriment of other priority policies of the EU 2020 strategy."@en1
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